In April, the country’s cement output increased by 4% year-on-year, the growth rate slowed by 18.4 percentage points year-on-year; flat glass production fell by 5.7%, compared with a 22% increase in the same period last year.
Cement and flat glass prices have dropped. The average ex-factory price of cement for key building materials companies of the month was 363 yuan/ton, which was a decrease of 0.4 yuan/ton from the previous month, a year-on-year decrease of 15.3 yuan/ton, with a decrease of 0.1% and 4% respectively; the ex-factory price of flat glass was 57.9 yuan/weight box, The drop of RMB 3/weight box last month was a decrease of RMB 18.2/weight box compared with the same period of last year, which was a decrease of 4.9% and 23.9% respectively. At the end of the month, the cement stocks of key building materials companies were up by 20.7 million tons, up by 27.3% year-on-year; the inventory of flat glass was 44.41 million weight boxes, up by 42%.
From January to April, the country’s cement output was 59.168 million tons, an increase of 5.5% year-on-year, a year-on-year slowdown of 14.1 percentage points; flat glass production was 238.45 million boxes, an increase of 0.5%, slowing 16.5%.
In the first three months, the building materials industry realized a profit of 56.37 billion yuan, a year-on-year decrease of 5.4%. Among them, the cement industry profits 5.55 billion yuan, down 60.6%; flat glass industry from the same period last year net profit of 810 million yuan to a net loss of 770 million yuan.
Cement and flat glass prices have dropped. The average ex-factory price of cement for key building materials companies of the month was 363 yuan/ton, which was a decrease of 0.4 yuan/ton from the previous month, a year-on-year decrease of 15.3 yuan/ton, with a decrease of 0.1% and 4% respectively; the ex-factory price of flat glass was 57.9 yuan/weight box, The drop of RMB 3/weight box last month was a decrease of RMB 18.2/weight box compared with the same period of last year, which was a decrease of 4.9% and 23.9% respectively. At the end of the month, the cement stocks of key building materials companies were up by 20.7 million tons, up by 27.3% year-on-year; the inventory of flat glass was 44.41 million weight boxes, up by 42%.
From January to April, the country’s cement output was 59.168 million tons, an increase of 5.5% year-on-year, a year-on-year slowdown of 14.1 percentage points; flat glass production was 238.45 million boxes, an increase of 0.5%, slowing 16.5%.
In the first three months, the building materials industry realized a profit of 56.37 billion yuan, a year-on-year decrease of 5.4%. Among them, the cement industry profits 5.55 billion yuan, down 60.6%; flat glass industry from the same period last year net profit of 810 million yuan to a net loss of 770 million yuan.
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